HomeTagsNigerian Banks

Nigerian Banks

News

Over 200 KASU Lecturers Resign as ASUU Threatens Strike

KEY POINTS Over 200 KASU lecturers have reportedly resigned over poor conditions. ASUU gives...
News

Nigeria’s Inflation Falls to 15.43%

KEY POINTS Headline inflation fell to 15.43% in July from 15.91%. Food inflation rose...
News

CBN Raises N7.85tn in OMO Bills Auction in November

CBN sold N7.85 trillion in OMO bills in November, drawing banks and foreign investors as it works to drain excess system liquidity.
News

CBN Orders Banks to Remove Misleading Adverts

The CBN has directed banks to remove misleading bank adverts, warning that deceptive promotional content threatens consumer trust and financial-market stability.
Business

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...
Business

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.
News

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.
Business

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...
News

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...
News

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...
News

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

Latest articles

News

Over 200 KASU Lecturers Resign as ASUU Threatens Strike

KEY POINTS Over 200 KASU lecturers have reportedly resigned over poor conditions. ASUU gives...
News

Nigeria’s Inflation Falls to 15.43%

KEY POINTS Headline inflation fell to 15.43% in July from 15.91%. Food inflation rose...
News

FG unveils national cloud policy, targets $750m investment in 24 months

Nigeria's government has unveiled a National Digital Cloud Policy that aims to attract $750 million in private cloud and data investment within 24 months.
News

MultiChoice Nigeria clarifies ownership structure under Canal+

MultiChoice Nigeria says it still sets pricing, content and distribution decisions locally under CANAL+, insisting global ownership keeps key operational choices in Nigeria.